Going through a divorce is never easy, even if you knew it was coming, or you've prepared for it for years. Coming to the realization that your marriage is over can cause a lot of pain, stress, anguish and other emotions. One way to make the divorce process less stressful is to work towards an uncontested divorce with your spouse. Here are a few tips to make sure this happens when you file for divorce in Tennessee.
Spousal support, also referred to as alimony, is a set of payments made by a former spouse to their former spouse once a divorce has been finalized. These payments do not last a lifetime. They are only made to help the recipient pay for bills or go back to school while they get their life back in order. They are considered rehabilitative payments. The amount of these payments can be changed due to any of the reasons mentioned below.
Have you come to an agreement on shared custody with the other parent of your children? If so, there needs to be a lot of "give and take" in this relationship in order to make shared custody work for all those who are involved. It might get off to a rocky start, but the harder you work in the best interest of your children, the more successful the situation will be for everyone.
Memorial Day weekend is right around the corner. Many families in Memphis, Tennessee, will either travel for the long weekend or host family and friends for a celebratory barbeque to tip off the unofficial start to summer. Today, we will provide some co-parenting tips for the Memorial Day holiday that you can also use when your children are on summer vacation.
Social media has become the forefront of our lives. Millions upon millions of people use various social media platforms multiple times per day. They share photos, videos, stories and other items with their followers. Social media can be a blessing -- but when it comes to divorce, social media can be a big curse. Here's why you should refrain from social media use while going through a divorce.
There are quite a few indirect impacts a divorce can have on your credit score. Just know that getting divorced in and of itself does not lower your credit score. There is no section for marital status on your credit report. It is how you handle all of the financial issues that come with divorce that impact your credit score and we will look at some of those issues in this post.
Virtual visitation has become a popular option for parents involved in a child custody agreement to communicate with their children. Parents aren't always readily available to speak to their children or even visit with them because of various factors, including work, serving in the military and moving away from where they live. This is why virtual visitation might be an option for your child custody situation.
Not every marriage will end happily ever after. There will be fighting. There will be infidelity. There will be irreconcilable differences. All of this can add up to one or both spouses agreeing that it is time to go their separate ways. It doesn't mean the marriage was a failure. It just means that the two people are no longer compatible. Here's how to tell if divorce is the right step.
Alimony is always a contested topic of discussion between two divorcing people. When the couple cannot come to an agreement, it will go in front of a family law judge. The judge will make the determination on the amount to be paid based on various factors. If you receive alimony in Memphis, here's the smart uses for these payments.
Trusts are a common component of many estate plans today. People often set up living trusts to hold their assets, including their homes, bank accounts and other property. Many people establish them to hold funds for their children to inherit when they're older. Some trusts can provide protection from creditors and lawsuits. Even if you don't have a trust of your own, you may be the beneficiary of someone else's trust -- perhaps one set up by parents or grandparents.